If you're a renter, you may not think that renters insurance is important. After all, it's your landlord's job to pay for damages to the property, right? Yes and no. While landlords do typically have insurance policies in place on their properties, these policies might not cover all of your personal belongings or provide enough coverage to help you rebuild if something happens. Furthermore, even if your landlord had an insurance policy that covered everything they needed it would still be up to them whether or not they would make good on those obligations—and who wants to rely on someone else's goodwill? Renters insurance is one area where doing what seems like extra work today will pay off down the road when things go wrong tomorrow."
Shaw Insurance Agency - Our family serving North Texas families since 1982.
As Insurance Professionals, we are trained to think
“What if…?” and “If this…then what?”, however with the introduction of the soon to be manufactured Tesla Cybertruck, many of those questions remain unanswerable!
While the projected price point for this truck is much less than the general public originally anticipated, the true cost could be factored in at a later date, perhaps at claim time. While the 3mm-thick stainless-steel body panels are being hailed at being dent-resistant or hail resistant, (See what I did there!) which could be assumed to help lower insurance rates, however, if the dent-resistant material is a much higher cost to fix when damaged, it would negate that and then actually increase insurance rates.
Blood may be thicker than water, but it is thinner than insurance contracts. An adult son or daughter may think that, when a loss happens, coverage is available from mom or dad's homeowners or auto policy. It usually isn't and finding this out after a loss makes matters much worse. Policies are typically clear. A relative is covered, but only if the relative is a full-time resident of the named insured's household. Even if a child lives next door, a parents' policy is not going to spread its coverage to take care of an adult child's belongings.
The good news - you have decided to become a Landlord! The bad news - now you have to get it rented!
How do you know whether the tenants are going to be good tenants? While many of our carriers offer a Landlord policy, Foremost understands the Landlord Market and has upped the game a bit! We can now offer discounted tenant screening through a partnership they have provided.
So you think Insurance is boring? Let me tell you what keeps Insurance Agents awake at night...and it's not the coffee! Weather!
We watch the weather differently than BI (Before Insurance), knowing that along with the threat of bad weather and the claims to come, not only do people want to add coverage, but they have a sudden desire to pay their premium as well! There is something about a Tornado warning that creates that sense of urgency to make sure they still have coverage and they become most anxious to pay their premium!
Welcome to our new insurance agency blog!
This is our very first post. We're not quite sure what we're going to write about here, but the plan is to create helpful content for customers and prospective clients about information that is relevant to you.
We hope you'll come to view this as a top resource for keeping your family and your finances safe.
Here are a few of the topics we may be writing about: